Lansweeper announced the acquisition of RankedRight. The startup’s software prioritizes system vulnerabilities. Lansweeper, a Belgium-based provider of monitoring solutions, wants to use the acquisition to expand its offering with security features.
RankedRight was founded in 2020. The startup tackles a growing problem. Vulnerabilities increase as companies digitize. Security professionals are under pressure to investigate risks, but manpower and time are scarce.
Companies with hundreds of systems easily spend hours a week on triage, let alone companies with thousands of systems. At the same time, many organizations struggle with a shortage of trained security personnel. Hence, it’s not always possible to timely address all vulnerabilities.
RankedRight prioritizes the most important risks, also known as vulnerability management. As a result, security professionals can tackle the problems that matter first. Lansweeper is acquiring RankedRight to add the security functionality to its monitoring and IT management solutions.
Lansweeper and RankedRight
Lansweeper was founded in 2004. The company’s solutions monitor users, devices and software, also known as IT asset management. Lansweeper has been expanding with security features in recent years, giving users both visibility into the status and security of systems.
Lansweeper plans to integrate RankedRight’s technology into its own portfolio. The deal’s financial details were not disclosed. “This acquisition will further accelerate our existing vulnerability management capabilities”, Lansweeper CEO Dave Goossens said. “No company does vulnerability prioritization better than RankedRight.”
According to RankedRight CEO Thomas MacKenzie, the number of known vulnerabilities increased by more than 25 percent this year. “It is clear that this problem will not simply disappear”, he commented. “At RankedRight, we have been dedicated to providing innovative solutions for vulnerability management, and we are excited to have joined forces with Lansweeper.”